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650 Riverside Dr, Coral Springs FL 33071,Coral Springs,Broward County,Business Opportunity

$500,000

Business Opportunity Active

650 Riverside Dr, Coral Springs FL 33071

WhatsApp Pinterest Facebook Twitter Linkedin Email

Business Opportunity Active

650 Riverside Dr, Coral Springs FL 33071,Coral Springs,Broward County,Business Opportunity

650 Riverside Dr, Coral Springs FL 33071

$500,000

Overview

1985
Year Built

Description

Rare opportunity to own a thriving, fully functioning & equipped Mexican restaurant in Coral Springs with a 4COP liquor license & exclusive tobacco license. This 5,756 sq. ft. freestanding venue seats 225, offers 220 parking spaces & sits in a high-traffic location w/high visibility next to the Coral Springs Mall at N University Dr. & W Atlantic Blvd.

Featuring authentic cuisine, premium cocktails & hookah, it generates multiple revenue streams through catering, private dining, & exclusive events. A go-to nightlife destination, this turnkey operation is ideal for an owner-operator or investor seeking a profitable business with franchise potential and EB-5 eligibility for those seeking residency. Don’t miss this chance to acquire a high-revenue venue with massive growth potential!

Address

Open on Google Maps

Address Riverside Dr
City Coral Springs
State/county Broward County
Zip/Postal Code 33071

Details

Updated on April 22, 2025 at 7:25 pm

Property ID: A11760979
Price: $500,000
Year Built: 1985
Property Status: Business Opportunity

Additional details

PublicSurveyRange: 48
ShowingInstructions: Appointment Only,Call Listing Agent,See Broker Remarks
CoListAgentDirectPhone: 786-287-6453
ListAgentKey: f8f3158f1711a7eb9f6b7664d9e1a6b4
InsuranceExpense: 11000
TaxLegalDescription: RAMBLEWOOD SOUTH 78-19 B PT PARCEL H DESC AS,COMM AT NW COR PARCEL H,ELY 390 TO POB, SELY 636.98,SELY 126.48,ELY 434.29,NELY & NLY 729.30,NL
YearEstablished: 2022
OnMarketDate: 2025-03-11
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2025-03-11
MajorChangeTimestamp: 2025-04-22T16:55:09.087Z
Flooring: Concrete
PhotosCount: 33
Cooling: Central Building A/C
StatusChangeTimestamp: 2025-03-14T22:08:00.857Z
SecurityFeatures: Smoke Alarm,Smoke Detector(s),Fire Sprinkler System
FinancialDataSource: Owner Provided
NumberOfFullTimeEmployees: 19
CoListOfficeName: Miami Brokers Group
PriceChangeTimestamp: 2025-04-22T16:55:09.087Z
ListingKeyNumeric: 408379857
MajorChangeType: Price Decrease
ListingContractDate: 2025-03-11
CoListOfficeKey: 73d96444d51d3b8965975e9052167317
Zoning: B-3
ListAOR: A-Miami Association of REALTORS
TaxAnnualAmount: 357552
ListOfficeName: Miami Brokers Group
OriginatingSystemKey: miamire
BusinessType: Restaurant
PhotosChangeTimestamp: 2025-03-14T22:18:03.366Z
RoadFrontageType: Other Road Frontage
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-454-2272
MlsStatus: Active
StreetNumber: 650
CoListOfficeMlsId: MBGP01
ListingKey: 5ac57f9b34bbce48a328d25f30472425
StateOrProvince: FL
ShowingContactType: Agent
CoListAgentEmail: [email protected]
ListOfficeKey: 73d96444d51d3b8965975e9052167317
BridgeModificationTimestamp: 2025-04-22T16:56:23.882Z
ListAgentFullName: Aileen Rodriguez
Roof: Shingle
ListAgentOfficePhone: 305-454-2272
ParcelNumber: 484127036250
ListingTerms: All Cash,Conventional/Refinance,Owner Will Carry
OtherExpense: 0
CoListAgentOfficePhone: 305-454-2272
OperatingExpenseIncludes: Licenses
IDXParticipationYN: 1
SpecialLicenses: Liquor,Other
InternetAddressDisplayYN: 1
ListAgentMlsId: 3244840
WaterSource: Public,Well
ModificationTimestamp: 2025-04-22T16:55:09.087Z
OriginatingSystemID: miamire
PreviousListPrice: 650000
DaysOnMarket: 42
ListOfficeMlsId: MBGP01
Inclusions: Equipment,Furniture/Fixtures,Inventory,Signs Included, Business Only
ListAgentDirectPhone: 305-525-5109
CoListAgentFullName: Michael Diaz
CoListAgentKey: bca49a7e4e5ba0f637fc51c8c8d2f916
StreetNumberNumeric: 650
CoListAgentStateLicense: 3245280
ParkingFeatures: Free Parking
PostalCodePlus4: 7008
Sewer: Other
SyndicationRemarks: Rare opportunity to own a thriving, fully functioning & equipped Mexican restaurant in Coral Springs with a 4COP liquor license & exclusive tobacco license. This 5,756 sq. ft. freestanding venue seats 225, offers 220 parking spaces & sits in a high-traffic location w/high visibility next to the Coral Springs Mall at N University Dr. & W Atlantic Blvd. Featuring authentic cuisine, premium cocktails & hookah, it generates multiple revenue streams through catering, private dining, & exclusive events. A go-to nightlife destination, this turnkey operation is ideal for an owner-operator or investor seeking a profitable business with franchise potential and EB-5 eligibility for those seeking residency. Don't miss this chance to acquire a high-revenue venue with massive growth potential!
Heating: Central Electric
StructureType: Free Standing
ListAgentStateLicense: 3244840
CoListAgentMlsId: 3245280
PublicSurveyTownship: 48
StreetName: Riverside Dr
ListOfficeFax: 305-777-8866
ListingAgreement: Exclusive Agency
PublicSurveySection: 27
OriginalListPrice: 650000
GreenEnergyEfficient: Appliances
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
BuildingFeatures: Entertainment,Kitchen Facilities,Private Restrooms,Restaurant
OriginalEntryTimestamp: 2025-03-14T22:08:00.857Z
SourceSystemKey: 408379857
LotFeatures: Other Location
DocumentsAvailable: Aerial Photo(S),Books & Records,Financial Statement,Inventory,Copy Of Lease(S),Owner Managed,Photos
ConstructionMaterials: CBS Construction
LotSizeSquareFeet: 0
InternetConsumerCommentYN: 1
CoListOfficePhone: 305-454-2272